July 9, 2025 · Form 4 insider transaction
Scaringe Robert J bought 3,912,500 shares of Rivian Automotive, Inc., a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 2 days after the transaction.
Represents securities transferred to the Reporting Person's former spouse pursuant to a divorce settlement. The securities owned by the former spouse are not beneficially owned by the Reporting Person.; Upon transfer to the Reporting Person's former spouse, the shares of Class B Common Stock automatically converted into shares of the Issuer's Class A Common Stock.; The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earliest of (a) a date fixed by the Issuer's board of directors that is not less than 60 days nor more than 180 days following the death or disability of the Reporting Person, (b) the five year anniversary of the date of the closing of the Issuer's initial public offering ("IPO") and (c) the date fixed by the Issuer's board of directors that is no less than 61 days and no more than 180 days following the date that the number of outstanding shares of Class B Common Stock represents less than 30% of the shares of Class B Common Stock outstanding immediately following the IPO.